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Business Bay , Dubai
Canal Heights
Canal Heights is a premium residential development by DAMAC Properties in collaboration with De Grisogono, in the coveted area of Business Bay.
Launch Price
1.25m
Handover
Q2 2027
Number of Units
376
Project Overview
Canal Heights is a premium residential development by DAMAC Properties in collaboration with De Grisogono, in the coveted area of Business Bay. Reminiscent of the blue pearl, the sleek complex features 376 branded studios and 1-2 bedroom apartments with chic interiors and spacious layouts. When residing in Canal Heights, you will be able to enjoy a stunning view of the Dubai Water Canal from the comfort of your own home. The property sizes in this gorgeous development range from 427 sq. ft to 1,559 sq. ft, with a floor-to-ceiling height of 11 ft. There are also full floors on offer with a total area varying between 5,915 sq. ft and 8,876 sq.
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Location
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Developer
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Property typeApartments
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Number of bedrooms1-2, Studios
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Area from
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HandoverQ2 2027
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Payment Plan80/20
Canal Heights
Photo
Video
Floor Plans
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
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On Booking
24%
Payment -
On construction
56%
Payment -
On Handover
Q2 202720%
Payment
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Yoga Area
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Entertainment Centre
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Infinity Pool
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Gaming Area
Amenities
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Yoga Area
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Entertainment Centre
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Infinity Pool
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Gaming Area
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Metropolitan Premium Properties
Real Estate team
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Location
Explore the AreaBusiness Bay , Dubai
Business Bay offers a prime central location with excellent connectivity to key areas of the city. The area is well-served by public transportation, including the Business Bay metro station, and provides easy access to major attractions such as Dubai Mall and Safa Park. Its strategic position makes it ideal for professionals in Dubai’s financial sector, while also offering residents stunning views of the city’s skyline and proximity to world-class entertainment, shopping, and dining options in nearby Downtown Dubai.
Other Projects in Business Bay
About the Developer
DAMAC
DAMAC Properties has been constructing significant real estate projects in the Middle East for over 20 years. In addition, the developer operates in Saudi Arabia, Jordan, Lebanon, Qatar, Turkey and the United Kingdom.
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203
Completed projects
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2002
Year of foundation
Other Projects by DAMAC
FAQ
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What is the address of Canal Heights?
Canal Heights will be located in Business Bay, at the junction of Marasi Dr and Al Asayel St.
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What are the unit types on offer?
The development offers a collection of studios and 1-2 bedroom apartments, as well as full floor units.
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What are the unit types on offer?
Currently, the project is under construction. The estimated completion date of Canal Heights is planned for Q2 2027.
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What is the completion date of Canal Heights?
Currently, the project is under construction. The estimated completion date of Canal Heights is planned for Q2 2027.
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Can I obtain residency if I buy property in Canal Heights?
Yes, you can obtain a long-term visa upon a property purchase in Canal Heights. Dubai has several residence-by-investment programmes depending on the real estate price.
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Can I obtain residency if I buy property in Canal Heights?
Yes, you can obtain a long-term visa upon a property purchase in Canal Heights. Dubai has several residence-by-investment programmes depending on the real estate price.
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Can a foreigner buy property in Canal Heights?
Any nationality is allowed to buy property in this complex, since it is freehold. This means that you are granted 100% property ownership for an unrestricted amount of time.
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Is an apartment in Canal Heights a good investment?
An apartment in Canal Heights is a highly lucrative investment option, since similar 1-bedroom units in Business Bay generate a gross yield of 6.3% on average. Additionally, buyers of full floor units can take advantage of a 2% discount as part of the promotion campaign. When living here, you will be granted full access to yoga domes, an underwater pearl museum, a shell-shaped waves pool and much more.
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Is Canal Heights a good place for living in Dubai?
Canal Heights is a fantastic place for residing in Dubai, especially for young business professionals, because the development will be surrounded by Grade-A offices and state-of-the-art business facilities.
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What are the pros and cons of living in Business Bay?
Business Bay is one of the most popular areas in Dubai, since it boasts an excellent social infrastructure, with nurseries, groceries, medical facilities and more. That being said, within walking distance you can reach Carrefour, Jumeirah International Nursery and Modern Vet Downtown, just to name a few.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Kenneth Whitelaw-Jones
January 8, 2026
I had a superb experience with Carys Naylor from MPP. Carys located an excellent property in Dubai for me. She was quick, efficient, responsive and super friendly and helpful. She was very supportive in helping me navigate the whole process. Can't recommend highly enough.
Canal Heights
New Launch in Business Bay by DAMAC Explore premium Apartments starting from 1-2, Studios bedrooms Positioned in the vibrant Business Bay area, where the launch price averages 1m
This project offers a perfect balance of luxury and value Move-in ready by Q2 2027
Thank you for your interest!
We’ve sent you a confirmation email and will be in touch soon.
Consultation
Jamie Lane
Real Estate agent
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Floor plans
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Presentation
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All features, floor plans, renders, and specifications — in one complete brochure
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